You and a friend decide to spend$100 each on concert tickets. Each of you alternatively could have spent the$100 to purchase atextbook, a meal at a highly rated localrestaurant, or several internet movie downloads. As you are on the way

to theconcert, your friend tells you that if she had not bought the concertticket, she would have opted for a restaurantmeal, and you reply that you otherwise would have downloaded several movies.

The relevant opportunity costs for you and your friend of the concert tickets that you purchased are

A.

$100 for you and$100 for your friend.

B.

internet movie downloads for you and a meal at a highly rated local restaurant for your friend.

C.

Any one of the following for you and yourfriend: a meal at a highly rated localrestaurant, several internet movie downloads or a textbook.

D.

a textbook. a meal at a highly rated localrestaurant, and several internet movie downloads for you and atextbook, a meal at a highly rated localrestaurant, and several internet movie downloads for your friend.